In Chennai, work to construct a 1.3 km-long flyover crossing three junctions in Thiruvanmiyur is likely to commence by September. According to the proposal, the flyover will cross the Jayanthi-Theyagaraja theatres junction, the one after the Marundeeswarar temple and the RTO office.
Author: admin (Infratructure Today)
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Officials asked to pace up work on Fateh Kadal road
Shamim Firdous, Member of Legislative Assembly (MLA) from Habba Kadal of Srinagar in Jammu and Kashmir inspected the pace of work of road widening project from Fateh Kadal to Gaw Kadal area.
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Punjab appoints consultant for Nawanshahr road project
The Public Works Department (PWD) of Punjab has appointed Consulting Engineering Services (CES), New Delhi to prepare a detailed project report (DPR) of proposed four-laning of 82 km Ropar-Nawanshahr-Phagwara, which will submit its report in two months to the department.
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Four-laning of Jalandhar-P’kot h’way misses deadline again
Work on four-laning on the busiest Jalandhar-Pathankot national highway 1 has once again missed its deadline. Originally worth Rs 576 crore, the project Ćā which has missed several deadlines in nearly five years Ćā has seen an increase in construction cost by 30 per cent (Rs 750 crore).
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AI’s Dreamliner fleet to remain grounded till Feb 17
Newly bought six Boeing 787 Dreamliners of Air India would remain grounded till February 17, with further delays expected in the tests being carried out by US and Japanese authorities on the faulty lithium ion batteries used in the aircraft. This means that the newest aircraft in the airline fleet will remain grounded for a month as it was on January 17 that Air India had grounded its Boeing 787 fleet, after the DGCA issued a directive following an advisory by the US regulator Federal Aviation A
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SKS completes Rs 411 cr worth securitisation deal
So far in 2012-13, SKS Microfinance clinched five securitisation deals aggregating to Rs 411 crore with banks. The fifth one was a Rs 52.62 crore securitization deal that the bank entered into recently with a private sector bank and which is rated A1 {SO). Meanwhile, it may be noted that the company announced a net profit of Rs 1.2 crore during October-December 2012, after suffering losses in seven consecutive qua
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SKS completes Rs 411 cr worth securitisation deal
So far in 2012-13, SKS Microfinance clinched five securitisation deals aggregating to Rs 411 crore with banks. The fifth one was a Rs 52.62 crore securitization deal that the bank entered into recently with a private sector bank and which is rated A1 {SO). Meanwhile, it may be noted that the company announced a net profit of Rs 1.2 crore during October-December 2012, after suffering losses in seven consecutive qua
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Operating cost of JSW Steel seen under pressure
Analysts expect the operation cost of JSW Steel to have remained under pressure in Oct-Dec 2012 as it is forced to source raw material at higher cost on the back of iron ore shortage and mining ban in Goa and Karnataka. Analysts also expect the company to suffer from weak pricing power owing to subdued demand in Oct-Nov and this they expect to show up in its earnings for Oct-Dec 2012
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Govt wants JSPL to sign PPA for extending MoU
Odisha government wants Jindal Steel and Power (JSPL) to sign power purchase agreement (PPA) with Gridco in order to be eligible for extension of its memorandum of understanding (MoU). It may be recalled that JSPL had signed MoU with the government in 2009 for a 1,320 mw coal-fired plant at Boin
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Fimi wants uniform freight rates
Federation of Indian Mineral Industries (Fimi) wants the railways to charge uniform freight rates on iron ore. It is learnt that the the railways increased freight nine times between February 2010 and March 2012. Today, it is about four times the domestic freight for iron ore (Rs 2,600 a tonne